The World: Schmidt: Seeing Eye to Eye

Dressed in a blue blazer, gray slacks and a stiffly starched white shirt
accented by a vibrant red and blue tie, West German Chancellor Helmut
Schmidt looked the very model of brisk efficiency as he spoke last week
with Editor in Chief Donovan, Correspondent Rademaekers, and Bonn
Bureau Chief Bruce Nelan in his streamlined L-shaped office in Bonn.
During the hour-long interview, Schmidt lived up to his reputation as
an intellectually vigorous and self-confident politician. Excerpts:

Q. How has Germany been able to maintain its favorable economic
position, considering the troubles that affect neighboring...